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When a company's EBIT(Earning Before interest and Taxes) is 500 million won, a corporate tax rate of 20%, total capital of 10 billion won, debt

When a company's EBIT(Earning Before interest and Taxes) is 500 million won, a corporate tax rate of 20%, total capital of 10 billion won, debt ratio of 30%, and loan rate of 4%, what is this company's ROE?

Answer selection group

Two % 3.

Eight % 3.

Eight % 4.

3-4%.

4 %

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